DETACHED JANUARY west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
8 % UP
-
18 % DOWN
17 % UP
BUYER’S 5 %
The number of detached listings in West Vancouver in January (at 397) were up 15% vs December but 18% below January 2019. The 21 detached sales in January were down by 7 month-over-month but 3 above this time last year. The sales-to-listings ratio fell to 5% in January, as conditions continued to favour buyers in West Vancouver’s detached market. January’s benchmark price was $2.57M—0.9% below December and 2% below January 2019. The average sold price of $3.26M was 2% lower vs last month but 8% above last year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 344
% Change
No. 483
% Change
TOTAL LISTINGS
397
15% -25% -35%
-18% 17% 42%
TOTAL SALES
21 5%
28 8%
18 4%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$2,566,700 $2,588,900 -0.9% $2,622,800
-2%
$3,259,016 $3,332,573
-2% $3,008,333
8%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
2.58
2.56
2.45
$2.62
$2.58
$2.57
$2.55
$2.54
$2.52
$2.52
578
554
549
512
489
483
397
55
52
43
35
22
21
18
Jan-19
Dec-19
Jan-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 5, 2020. All data from RealEstateBoardof Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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